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Gyaneshwar

Nath

Retailpreneur

Basti, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Gyaneshwar

Nath

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Gyaneshwar to stock up his retail store with more inventories.

Retailpreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Gyaneshwar

Gyaneshwar Nath is a retail store owner, operating in the district of Basti in Uttar Pradesh. He sells groceries, and snacks, toiletries, and other household items on a day-to-day basis. His long-term dream is to make his business profitable and well-established. Although he has been making a steady profit over the years, he is hoping to scale up his business and needs a loan to purchase inventory and make his store more profitable. Invest in Gyaneshwar and support his retail store business!

About Gyaneshwar Nath's livelihood

Gyaneshwar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Gyaneshwar will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gyaneshwar Nath has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS